Banking services across Gujarat will be disrupted on January 27 as the United Forum of Bank Unions calls an all-India strike demanding a five-day work week, affecting 85,000 employees in the state.
From Tata Group to Azim Premji, India's institutions showcase minority contributions. Access to credit can further unlock their potential for national development.
India's small finance banks like AU, Ujjivan, Suryoday, and Utkarsh are aggressively hiring senior talent from larger banks and NBFCs as they prepare to transition to universal banking, with RBI's conditional approval already granted to some.
A Tata AIA Life Insurance executive has been booked for fraud after raising death claims for living policyholders. The scheme, active since 2019, caused significant company losses.
State-owned Indian Bank announces expansion into Southeast Asia with branches in Malaysia and Indonesia, plus a UAE representative office. The move aims to tap the Indian diaspora, with CEO Binod Kumar detailing plans and recent financial growth.
The All India Jewellers & Goldsmith Federation has accused MCX of insider trading in silver derivatives, citing unusual premiums amid import duty hike rumors. MCX defends its surveillance mechanisms.
Data for December 2025 reveals India's bank deposits now fund only 83% of commercial sector credit, down from 85% a year earlier, highlighting a structural shift toward non-bank financing.
Police in Vijayawada have registered two criminal cases and arrested five key accused in a massive financial fraud exceeding ₹30 crore at the Nallapadu branch of Guntur District Central Cooperative Bank. The scam involved bank officials, committee members
Gold prices surged past $4,900 per ounce for the first time, driven by geopolitical tensions, a weaker US dollar, and Fed rate cut expectations. Silver and platinum also reached unprecedented highs in a broad precious metals rally.
Alert bank managers in Goa prevented customers from transferring over ₹1 crore to cyber fraudsters by recognizing distress signals during digital arrest and investment scams.
Former US President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging political discrimination in banking services. The case centers on Florida laws protecting against debanking based on political beliefs.
Abbott Laboratories shares fell sharply after reporting Q4 revenue below estimates and issuing Q1 profit guidance that trailed Wall Street expectations, with nutrition segment facing challenges.
Gold and silver prices recovered after early losses on Thursday amid easing geopolitical tensions. Robert Kiyosaki explains why short-term price movements don't change the long-term fundamentals for precious metals.
ReNew Energy Global Plc raises $600 million via bonds at 6.5% coupon for 5 years through IFSC Gift City, marking first dollar-denominated bond issue at the financial hub.
Securities Appellate Tribunal scales back Sebi's order against Avadhut Sathe Trading Academy but allows investigation to continue, directing ₹100 crore deposit instead of ₹546 crore.
Gold and silver prices in India declined on Thursday, retreating from their record highs. The yellow metal of 99.9% purity dropped by Rs 2,500 to Rs 1,57,200 per 10 grams, marking a significant correction after reaching unprecedented levels.
Bank of Maharashtra closes online registration for 600 Apprentice posts on January 25, 2026. Check eligibility, application fee, and steps to apply for this one-year training opportunity.
Economists and market participants have told RBI to focus on easing liquidity through OMOs and currency swaps rather than cutting rates in the upcoming February policy meeting.
Ahead of Budget 2026, India's financial sector urges the government for capital easing measures, a credit growth push, and long-term policy stability to strengthen the economy.
Drivers who skip paying toll e-challans on national highways risk being banned from using these roads. Authorities are implementing strict penalties to enforce compliance.
The Indian rupee plunged 72 paise to close at a historic low of 91.70 against the US dollar, driven by geopolitical risks and uncertainty over the India-US trade deal.
The Indian rupee depreciated sharply by 61 paise, closing at 91.57 against the US dollar, driven by strong dollar demand and global economic uncertainties.
Telecom regulator Trai investigates pricing concerns raised by COAI regarding network deployment at Navi Mumbai airport, seeking historical payment details from telecom operators.
The Indian rupee has plunged to a new all-time low of 91.64 against the US dollar, marking a significant depreciation of 1.50% this month amid ongoing market pressures.
The central government will provide Rs 5,000 crore equity to SIDBI to enhance credit flow to MSMEs, with Rs 3,000 crore allocated in FY 2025-26 at Rs 568.65 per share.
Karnataka's microfinance sector achieves a significant milestone with over 1 crore active loan accounts and a portfolio exceeding Rs 58,000 crore, reflecting robust financial inclusion.
Home loan borrowers in Karnataka are facing difficulties as banks and department officials struggle with communication gaps, exacerbated by mandatory OTP-based Aadhaar verification on Kaveri 2.0 software.
Ahead of Union Budget 2026, Giottus CEO Vikram Subburaj calls for clear cryptocurrency regulations, comparing its evolution to gold and equity markets. He emphasizes moving from skepticism to structured oversight.
Gold and silver futures witnessed a decline on the Multi Commodity Exchange as investors opted to book profits at higher price levels, with gold dropping by Rs 1,088 per 10 grams.
The Indian rupee showed marginal recovery from its historic low, settling at 91.62 against the US dollar. Forex traders attribute this shift to positive comments from US President Donald Trump at Davos regarding trade developments.